View Cost Accounting Information in the Cost Object
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In the Position Viewer workspace, the Cost object displays cost accounting information for a position. Position Viewer lets you see what positions are stored in the Cost object without requiring you to run STAR to PACE Direct to view the Holding report.
To view cost accounting information for a specific position:
In Accounting Center, in the left navigation pane, click Reports > Position Viewer.
Select the position you want to view.
In the Reports list, select Cost.
You see the tabs that apply to the Cost object.Select a tab, or if you cannot see all the tabs at once, you can:Â
- Click the down arrow at the left of the tabs to show a list of available tabs, and then select the tab you want to view.
- Click the left/right arrows at the right of the tabs to move forward or backwards through the tabs, and then select the tab you want to view.Â
When there is viewable activity for a specific tab, Data Loaded (green circle) appears next to the tab name to indicate that data is available. If the system did not yet check whether data is available, a question mark appears next to the tab name until you click the tab.Click a row to view the entire contents of that row.
Cost Object Tabs
The following are the tabs associated with the Cost object.
Tab Name | Description |
|---|---|
Summary | Displays basic field/value information. |
SMF Reference | Displays security master detail information. |
Cost Position | Displays detailed cost information. |
Open Lots | Displays open lot information (original and change positions), for example, buys, conversions, receives, and shortsells. |
Open Adjustments | Displays open adjustment information (original and change positions), for example, cash dividends (APPLYCASHDIV) and cost adjustments (DECROPEN). |
Close Adjustments | Displays closed adjustment position information (original and change position). |
Close Lots | Displays closed individual lot information (identified and average gain/loss), for example, sells, delivers, and buytocovers. |
Close Activity | Displays close activity/transaction information, for example, sells, delivers, and buytocovers. |
Cancel Close Activity | Displays cancelled close activity transactions. |
Cancel Open | Displays cancelled open transactions. |
Cancel Close | Displays cancelled close transactions. |
Cancel Open Adjustment | Displays cancelled open adjustment information. |
Cancel Close Adjustment | Displays cancelled close adjustment information. |
Trade Activity | Displays trade activity for the entity and issue selected. |
Rejections | Displays rejected transaction information. |
Corporate Actions | Displays corporate action information for the entity and issue selected. |
The Event Sequence is a key data element in the Cost object. The system assigns a sequence number to each piece of position activity, such as a Buy, Sell, or Cancel. Event Sequence displays this sequence number, allowing you to track where one piece of position activity occurred in relation to another.
Example - Cost Object
The following figure shows details from the Cost object for the results of a manual trade booked using the Book Trade tool. The Position Viewer details display an open lot transaction to the position. In this example for an initial Buy trade, data is available in the Summary, Cost Position, and Open Lot tabs. The Cost Adjustment, Close Lots, and other tabs contain no data.
If you click a row to view the entire contents of that row, you see the View Row window. The following figure shows a trade row in the Open Lots tab.
Click the Column Name column heading to list the trade details in alphabetical order. All data that was either entered or derived by the system upon trade entry is displayed within the detail of the lot/position's Cost object. The previous figure shows only a small number of the total data values that are available. When a trade is processed, the system enriches the data. In the above example, the Cost object details display Base and Local Accrual and Amortization detail, as well as Original Cost, Face, and Unit Cost.
If you wish to view any additional trading activity processed against this entity/holding, right-click anywhere in the Position Viewer workspace and click Refresh.
In the following figure, you can see that since a Sell was processed against the position, the Close Lots tab and the Close Activity tab are highlighted. The Close Activity tab shows the close/sell activity per trade. The Close Lots tab displays the close activity at the lot level.
You can use the Event Sequence assigned to each piece of position activity to track the history of each position's trading activity where it occurred in relation to other Buys, Sells, Cancels, and so on. In the following figure, the Open Lots tab shows two buy transactions with Event Sequences of 1 and 2.Â
A review of the Close Activity tab shows that event 4 was an RECPT transaction. See the following figure.
